Thomson Reuters Corp. (TRI), a content and technology company, on Friday said it plans to buy back up to $1 billion of its shares under a new normal course issuer bid or NCIB approved by the Toronto Stock Exchange.
Under the new NCIB, the company may repurchase up to 10 million common shares, or about 2.22% of its outstanding shares as of August 12, 2025, during the period from August 19, 2025, to August 18, 2026.
The purchases will be at market price or as permitted by the TSX, with daily TSX buys capped at 91,026 shares, and all repurchased shares will be cancelled.
The company may repurchase shares through open market transactions on the TSX, Nasdaq, other eligible exchanges, or via private agreements.
In the pre-market trading, Thomson Reuters is 0.75% higher at $169.07 on the Nasdaq.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.